Could someone please explain to me how having the majority of workers on less money and conditions helps to stimulate the economy?

Alas, Batman. What we think of as "the economy" is not the same as the politicians' definition.

We think of it in terms of, not only a prosperous country, but how it effects ourselves and our fellow Austalians as they work work away to have a decent life and pay the bills.

The human aspect doesn't doesn't come into governments' and treasurers' reckoning (until election time, when they hand out sops). Their economy is all about trade, deficits and surpluses and screwing as much as they can - or keeping it back - from us.

I have developed an automatic switch which renders me deaf when the word "economy" is spoken by anyone on TV or radio. What they are talking about has nothing to do with my welfare or that of my fellow Australians.

Batman
Who argues that having the majority of workers on less money and conditions helps to stimulate the economy? I can’t think of anyone who has claimed that.

Holy smoke and mirrors Batman.

Some do better, some do worse. We used to have a no disadvantage test but in their wisdom this got washed down the plughole by the "Riddler" (Kevin Andrews).

I am of the opinion that this present federal government have said this on many occasions in the parliament and the press. All I require is that like all good government policy it should be able to be explained to those it affects. As we can now see the majority of AWAs set a lower rate and conditions. Not all, as some say, but if this only applies to 25% of the work force then would it have an effect on spending?

marxist economics hold than the critical factor in an economy is the
value wringed out of the workers labor ,
more specificaly it assume goods and services are traded at
their " real " costs ,
profit is generated by paying the workers less than the value of the
goods they produce

it's pretty accurate as far as it goes , the critical factor then
become how to pay the lowest paid workers even less ?

since the only people doing work are in fact those producing tradable
goods the solution become clear ,more unqualified immigrants,
preferably dumb and alienated with everyone else
eliminate highly trained technicians , prone to unionise
create a smoke wall of gobble talk about progress and productivity

presto ,things are peachy !!

the economy is into a race to the bottom , the suburbs are ghettos
seething with ressentment but the house help is cheap

I'm describing europe and america
don't have a clue about australia !

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